Big V Property Group, a vertically integrated shopping center investment management and property management company, has sold Poplin Place, a fully leased, 196,462-square-foot regional shopping center with a premier anchor tenant lineup in the Charlotte area community of Monroe, N.C.
New York–based Irgang Group acquired the asset for an undisclosed sales price.
With several recent key renewals and new leases executed, Poplin Place is fully occupied by a best-in-class anchor tenant lineup that includes T.J. Maxx, Ross Dress for Less, PetSmart, Burlington, Big Lots! and pOpshelf, along with a Target shadow anchor. Additionally, with 3.38 million annual visits, the center is ranked within the top 10 percentile for shopping centers nationally.
Positioned on 30.21 acres at 2901 W. U.S. Highway 74, Poplin Place is on the “going home” side of U.S. 74 in Monroe, a suburban Charlotte community about half an hour from Uptown that is expected to grow its population b
